The unemployment rate is stable at 8.1%, while the inactivity rate drops to 34.5%. After the decline recorded in May, the number of employees increases again due to the growth of permanent employees, again exceeding 23 million. Compared to June 2021, the number of employees rises by 1.8% (+ 400 thousand) mainly due to employees. Looking at Europe, in June the unemployment rate in the 19 Eurozone countries remained at an all-time low of 6.6% already recorded in May
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The employment rate, in June 2022, rises to 60.1%: a record value since 1977. The unemployment rate is stable at 8.1%, while the inactivity rate drops to 34.5%. This is what emerges from the data released by Istat, which underlines how – after the decline recorded in May – the number of employed persons returns to increase due to the growth of permanent employees, again exceeding 23 million. Compared to June 2021, the number of employees rises by 1.8% (+ 400 thousand) mainly due to employees who, in June 2022, amounted to 18 million and 100 thousand: it is the highest value since 1977, the first year of historical series.
The employment rate rises to 60.1%
Istat reveals that employment increases (+ 0.4%, equal to + 86 thousand) for both sexes, for permanent employees and in all age groups, with the exception of 35-49 year-olds among whom decreases. Self-employed and short-term employees also fell. The employment rate rises to 60.1% (+0.2 points). The slight decrease in the number of job seekers (-0.2%, equal to -4 thousand units compared to May) is recorded among women and those over 25 years of age. The unemployment rate is stable at 8.1% and rises to 23.1% among young people (+1.7 points). The decrease in the number of inactive people between 15 and 64 years (-0.7%, equal to -91 thousand units) involves men and women and the age groups under 50. The inactivity rate drops to 34.5% (-0.2 points).
The comparison between the first and second quarter 2022
Comparing the second quarter of 2022 with the first, there is an increase in the level of employment equal to 0.4%, for a total of 90 thousand more employees. The growth in employment recorded in the quarterly comparison is associated with the decrease in both job seekers (-3.8%, equal to -81 thousand units), and inactive persons (-0.5%, equal to -61 thousand units) . The number of employees in June 2022 exceeds that of June 2021 by 1.8% (+ 400 thousand units): the increase is transversal by gender and age. The only negative change is recorded between 35-49 year-olds due to demographic dynamics: the employment rate, which increased by 1.6 percentage points, in fact also rises among 35-49 year-olds (+0.9 points) because, in this age group, the decrease in the number of employed people is less marked than that of the overall population. Compared to June 2021, the number of job seekers decreases (-13.7%, equal to -321 thousand units) and the number of inactive persons aged between 15 and 64 years (-3.0%, equal to -400 thousand) .
In the Eurozone unemployment rate at an all-time low of 6.6%
Looking at Europe, in June the unemployment rate in the 19 Eurozone countries remained at an all-time low of 6.6%, already recorded in May. Eurostat, in disclosing the numbers, recalled that a year ago the rate was 7.9%. Even in the EU as a whole, unemployment remained at the level of May (6%) in June compared to 7.2 in June 2021.
Source-tg24.sky.it